Topic: Sound Money Project

The Fed Is Too Powerful To Be Unaccountable

– January 15, 2010

“Now is the time to examine the proper functions of the Federal Reserve System–especially those of the Board–and make systemic changes. The popularity of US Rep. Ron Paul’s bill to audit the Fed taps into a great pent-up frustration about the unaccount …

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Counterfeiting versus Monetary Policy

– January 15, 2010

“Congress is on a spending binge. With all the calls for bailouts, economic stimulus and other assorted handouts, there is a real risk of inflation in our future. If we do have a rapid inflation, it’s likely that Congress, as they did in the financial …

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Cato Institute’s Monetary Conference 2009

– January 14, 2010

Our friends at the Cato Institute hosted their 27th Annual Monetary Conference: Restoring Global Financial Stability on November 19th, 2009. Go here to find the list of speakers and listen to their thoughts on the subject.

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Inflation and Deficits

– January 13, 2010

“With the massive increases in federal spending, inflation is one of the risks that awaits us. To protect us from the political demagoguery that will accompany that inflation, let’s now decide what is and what is not inflation. One price or several pri …

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Transition to Sound Money

– January 13, 2010

The Mises Instute’s Austrian Scholar’s Conference discusses the transition to sound money. Atlas would like to thank Bradley Jansen for providing the link.

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Price “Stability” for Venezuela

– January 13, 2010

In something of a reversal of the usual government policies to keep prices high, the government of Venezuela is going to great lengths to keep prices low, even in the face of inflation. According to CNN, The Venezuelan bolivar currency, which had been …

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“Inflation: The Silent Tax”

– January 13, 2010

“Inflation is a tax on financial assets. This tax is paid by those unlucky investors, corporations, and foreign central banks that hold financial assets denominated in the currency that is inflating. A simple way of thinking about inflation as a tax is …

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“Sound Money and a Liberal Market Order”

– January 13, 2010

“Though circumstances and times change, the basic principles of economic progress and sound market order do not. There is no mystery about them. They involve sound money, low taxes, property rights, making it easy for businesses to be set up, and, once …

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“Income During Inflation”

– January 13, 2010

“Even as the Dow sits above 10,000, the public remains justifiably anxious about the state of the economy. The Federal Reserve has worked overtime to convince the public that it has saved the economy from a meltdown, but with unemployment at a 26-year …

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“Capitalism Needs a Sound-Money Foundation”

– January 13, 2010

“Let’s go back to the gold standard. If the very idea seems at odds with what is currently happening in our country — with Congress preparing to pass a massive economic stimulus bill that will push the fiscal deficit to triple the size of last year’s …

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“The Fed and the Crisis: A Reply to Ben Bernanke”

– January 11, 2010

“Federal Reserve Board Chairman Ben Bernanke spent most of his speech to the American Economic Association on Jan. 3 responding to the critique that easy monetary policy during 2002-2005 contributed to the housing boom, to excessive risk taking, and th …

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“The Roaring Twenties and the Bullish Eighties”

– January 8, 2010

“There are significant parallels between the Roaring 1920s and the Bullish 1980s. Both decades were characterized by a policy-induced artificial boom that ended with an inevitable bust. The Federal Reserve had a hand in both episodes, keeping the inter …

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